Why Must the Needs of Management Be Considered as an Important

question 14

Multiple Choice

Why must the needs of management be considered as an important motivator for mergers?

• A)Managers often consider their power and ego needs ahead of the needs of their organization.
• B)Managers are unconsciously motivated by the game of corporate life and takeover challenges.
• C)Managers are concerned only about their substantial incentives and salaries and not about their employees.
• D)Managers have personality characteristics that result in acquisition behaviours and greed.

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Definitions:

Debit

A bookkeeping record that elevates the value of an asset or expense account, or reduces the value of a liability or equity account.

Credit

A bookkeeping entry that increases the balance of a liability, equity account, or revenue, or decreases the balance of an asset or expense account.

Accounting Experience

The practical knowledge and expertise gained through working in accounting and finance roles.

Sales

The total income received from selling goods or services over a specific time period, considered a critical measure of business performance.